November 29, 2015 9:19 AM

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India announces 2.5 million USD in aid for small states of Commonwealth to combat climate change

India has announced 2.5 million US Dollars in aid for small states of the Commonwealth to help them combat climate change.<br/><br/>External Affairs Ministry Spokesperson Vikas Swarup said in Malta's capital Valletta on Saturday that New Delhi has announced the aid for trade finance facility for small nations of Commonwealth.<br/><br/>He said, Commonwealth has 31 small states as its members out of the 53 countries and trade finance is very important to them.<br/><br/>He said, the 24th Commonwealth Heads of Government Meeting, CHOGM in Valletta deliberated extensively on combating climate change and a number of countries pledged their financial assistance to island nations of the grouping.<br/><br/>Mr Swarup said, India played its role in the deliberations making it very clear that we should not try to pre-judge the outcome of Paris COP21.<br/><br/>India also emphasized the need to ensure adequate funding for developing countries so that they meet their Intended Nationally Determined Contributions, INDC targets.<br/><br/>The spokesman said the CHOGM summit will adopt the final documents today on key decisions.<br/> <br/>Commonwealth leaders have agreed to set up a one billion dollar Green Finance Facility to help the poor nations introduce clean energy and bring down green-house gas emissions.<br/><br/>External Affairs Minister Sushma Swaraj represented the country at the summit. The session on climate change was attended by UN Secretary General Ban Ki-moon and French President Francois Hollande.

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